Palantir Secures $200 Million Multi-Year Deal with Lumen Technologies for AI Infrastructure Integration
Summary
Palantir secures a massive $200 million multi-year partnership with Lumen Technologies to integrate AI software with telecommunications infrastructure, marking the data analytics company's 19th deal of 2025 as Lumen transforms from traditional telecom to modern tech provider while targeting $1 billion in expense reductions by 2027.
Key Points
- Palantir strikes a multi-year partnership with telecommunications company Lumen Technologies worth over $200 million to integrate AI software with Lumen's infrastructure services
- Lumen plans to combine Palantir's Foundry and AI Platform with its edge computing and broadband services as part of its transformation from traditional telecom to modern tech infrastructure provider
- This marks Palantir's 19th partnership deal in 2025, while Lumen reports Palantir's technology contributed to $350 million in cost reductions and supports its goal of $1 billion expense reduction by 2027